You'll need to compare apples to apples. 40k seems like a low number to design, furnish and amenitize a competitive short term rental projected to do $100k. 

Will it reduce my cost of living when compared to renting?

Yes, good agents, and good wholesalers are who you want to talk with to make deals happen..

They asked me to give them there 30 day notice to move.

This question is for the scenario of an owner of a property renting it to a wedding and event business that operates the venue, not a lease agreement for an individiual couple getting married.Thank you!

Therefore, there can be instances where your federal AGI is higher than your GA AGI due to the add-backs.Best of luck

to reach the 750 required??

I wouldn’t feel comfortable with that looming over my head.

As I have been listening to a lot of real estate YouTube videos I realized that my moving into the unit is a major contribution to this deal and instead of us paying 20% we got 5% yet we are contributing the same amount of money.

I'm trying to figure out best way to have as little money come out of my pocket as possible.